Skip to main content

About your Search

20130113
20130121
Search Results 0 to 3 of about 4
and president obama doesn't want to recognize that that problem exists. >> when you say no one is talking about defaulting on the debt, does that also include letting the debt ceiling lapse? >> well, you know, larry, what we're once again up on the debt ceiling. we have been here before, a year and half ago we were having this debate again. i supported a plan cut cap and balance that would have focused on solving the problem. but clearly we haven't sold the problem and credit card is maxed out again and president obama wants to get that money from china and send the bill to the kids. so any deal to solve this latest crisis ought to include a solution to their actual problem that got us here. >> is john boehner's role still in place? one for one for every dollar of debt increase there should be a dollar of spending reduction? >> i think you need a start with that. then you've got to actually put real programs in place that solve this problem long term. because look, if we don't solve this problem coming up in the next few weeks, we're going to be back here in another few months because president
. it seems like something they would want to talk about. >> certainly. even michelle obama was offering, you know, her support saying she wants other retailers involved as well in this program. i'm not sure what happened. >> i am assuming they don't want to put themselves on television because. gun debate that is raging at the moment. it's a very difficult subject for the largest seller of weapons in the united states. if you look at what happened in the wake of the shooting that we had here, they removed the bushmaster ar-15 that killed 26 people from their website. and yet we're still selling semiautomatic guns, and many guns sold out of the semiautomatic guns and they say they're not prepared to change their gun mix. they're right in the heart of that debate as the largest licensed gun seller in the united states, as we get moves almost by the hour. the white house trying to change gun policy. >> exactly. >> reluctantly. they didn't want to go in the first instance and said, we didn't realize how important that it was that we were physically. >> we'll discuss that today as well. i wish i
you're talking about, ed, is an opportunity for businesses and washington to work together on energy. we're not seeing that. >> obama has been more energy friendly than people would like to admit. numbers back it up. production doing very, very well when he's been in office and the other thing i'm saying -- >> what about the keystone pipeline? >> nothing has come of it yet, but let me tell you there are other pipelines producing pretty well without that pipeline. we're talking 16% last year, 14% increase this year, another 10% the year after that. we're going to look at almost a 50% increase in oil production in four years in the united states so something seems to be working and it's not -- washington can't seem to stop it because the technology and the raw materials seem to be there. >> despite, despite washington. >> david, jump in here. how are you investing today? >> well, you know, we've talked about the vix earnings. right now we're coming off a trough in the third quarter. we don't expect much more earnings, for fourth-quarter earnings. vix is really contrarian indicator, a l
with a payment plan to prioritize how to use what money the government has on hand. but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a debt, but doesn't pay it. that's of a different order of magnitude from defaulting on the interest payments on the debt. in general, the white house wants you to believe that default is everything. and it's a terrible, terrible thing to happen. where as i think the republic
Search Results 0 to 3 of about 4